Last night, a piece of news about Country Garden attracted widespread attention in the market. According to the announcement, Ms. Yang Huiyan, Mr. Mo Bin, Ms. Yang Ziying, and Mr. Chen Chong, a non-executive director, took the initiative to request a salary reduction, which undoubtedly raises questions: Is this really a simple salary cut?
First of all, we must understand that this kind of salary cut may be more of a gesture. It may be more about stabilizing home buyers while giving the market a little confidence. After all, for these executives, the reduction in annual salaries won't have much of an impact on their lives. This move is more of a posture of sharing the company's hardships to stabilize market sentiment.
However, we cannot ignore the consequences of Evergrande's past salary cuts. Although Evergrande has stabilized the market by cutting salaries, its development is not satisfactory. Wanda's approach allows us to see another possibility. Wanda sold its assets and shares to save itself, showing its strong courage and trust, so that investors are willing to continue to maintain optimistic expectations for Wanda and continue to cooperate with Wanda to make money.
For Country Garden, the real way to save itself is not just about taking a salary cut. They need to show more sincerity and will be able to sell the assets as soon as possible. Only by taking out assets and shares to dry can the market see their determination and sincerity.
In this market, both investors and followers in the market are smart. What they need to see is tangible actions and results, not just slogans and gestures. Only through concrete actions can we win the trust and support of the market.
I think that Country Garden's salary cut may be more of a gesture, and the real way to save itself lies in showing more sincerity and selling the assets that can be sold as soon as possible. Only in this way can we win the trust and support of the market and achieve real self-help and development.